THE foundations have been laid for one of the most exciting luxury projects just outside Marbella.
Building has begun at the Palo Alto gates community on the way to Ojen.
Teams have started work on the 75 homes at the 50-hectare site, comprising a mix of two to four-bedroom homes and 15 penthouses, with prices ranging from €440,000 to €1 million.
A health club and business centre are also to be built and residents will benefit from 24-hour security.
The construction of the 75-home project, which has lovely views to the coast and nearby mountains, has been awarded to Grupo Avintia, whose companies include Avintia Construcción, Adh Hoteles and Avora.
Founded in 2007, Avintia has become one of the most active companies in Spain’s construction and real estate sectors, much in part to its internal management systems and innovative, cooperative company culture.
President of Grupo Avintia, Antonio Martín Jiménez said: “It is a great honour for us to have been selected by a world leader in property investment, Round Hill Capital, to build the project.
“The fact that we have been entrusted to carry out their first project in Spain, and in such a privileged area, demonstrates that we have the expertise to ensure the project is completed to the level of quality and perfection required by both the client and the project’s surroundings.”
Matías Villarroel, Director of Round Hill Capital in Spain added: “We are delighted to have signed the construction contract with Grupo Avintia.
“The group is highly respected in the Spanish construction industry, has expansive experience in national and international projects and places yet another mark of high quality on the project of Palo Alto”.
Work is commencing on phase one and is expected to be completed by the end of 2018.
The community’s first residents can move in shortly afterwards.